Kaizen Financial Strategies Increases Holdings in Schwab Ultra-Short Income ETF $SCUS

Kaizen Financial Strategies boosted its stake in shares of Schwab Ultra-Short Income ETF (NYSEARCA:SCUS) by 255.0% during the 3rd quarter, Holdings Channel.com reports. The firm owned 152,193 shares of the company’s stock after buying an additional 109,319 shares during the quarter. Schwab Ultra-Short Income ETF accounts for about 1.6% of Kaizen Financial Strategies’ holdings, making the stock its 17th largest position. Kaizen Financial Strategies’ holdings in Schwab Ultra-Short Income ETF were worth $3,822,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Mann Financial Group Inc. purchased a new stake in Schwab Ultra-Short Income ETF in the second quarter worth about $227,000. James Investment Research Inc. raised its stake in shares of Schwab Ultra-Short Income ETF by 14.1% in the first quarter. James Investment Research Inc. now owns 13,417 shares of the company’s stock worth $338,000 after buying an additional 1,656 shares during the period. Waverly Advisors LLC lifted its position in shares of Schwab Ultra-Short Income ETF by 13.2% during the 1st quarter. Waverly Advisors LLC now owns 26,356 shares of the company’s stock valued at $664,000 after buying an additional 3,079 shares in the last quarter. January Capital Advisors LLC purchased a new position in shares of Schwab Ultra-Short Income ETF during the 1st quarter valued at about $686,000. Finally, Citadel Advisors LLC grew its stake in shares of Schwab Ultra-Short Income ETF by 316.7% during the 2nd quarter. Citadel Advisors LLC now owns 272,901 shares of the company’s stock valued at $6,870,000 after acquiring an additional 207,412 shares during the period.

Schwab Ultra-Short Income ETF Trading Up 0.0%

Schwab Ultra-Short Income ETF stock traded up $0.01 during midday trading on Friday, hitting $25.05. The stock had a trading volume of 134,132 shares, compared to its average volume of 120,322. The firm’s fifty day moving average is $25.12 and its two-hundred day moving average is $25.15. Schwab Ultra-Short Income ETF has a 52-week low of $25.01 and a 52-week high of $25.33.

About Schwab Ultra-Short Income ETF

The Schwab Ultra-Short Income ETF (SCUS) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed, investing in US dollar-denominated, investment grade, short-term debt securities from both domestic and foreign issuers. The fund aims for current income and capital preservation, maintaining a portfolio duration of one year or less SCUS was launched on Aug 13, 2024 and is issued by Charles Schwab.